A Georgia law firm says the Cosmopolitan of Las Vegas owes it $3.4 million — money a partner improperly transferred from the firm’s accounts in 2012 for gambling there. The firm, Morris Schneider Wittstadt, recently made the allegation in a federal lawsuit filed in Las Vegas.
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Casino baron Steve Wynn is no stranger to self-inflicted wounds. He just suffered another one in his ill-advised slander lawsuit against stock market short-seller James Chanos.
Boyd Gaming Corp. has pledged a $2.5 million donation to support construction of a new building for William F. Harrah College of Hotel Administration at the University of Nevada, Las Vegas.
One of the founders of modern Las Vegas whose name is synonymous with some of the Strip’s best known hotel-casinos, Kerkorian died Monday night in Los Angeles after a brief illness.
Investors worry the outcome of legal proceedings in federal bankruptcy court could leave the casino operator on the hook for more than $1 billion in debt obligations.
Two bills backed by the Nevada sports betting industry that could lead to an increase in the $3.9 billion already wagered annually in the state’s sports books were signed into law by Gov. Brian Sandoval.